EURJPY - FORMING A POTENTIAL HEAD & SHOULDER PATTERN
EURJPY has shown some weakness this past few days and failed to trade higher above its previous weekly high (PWH). We saw a break and retest of Aug 6 PWH, down to a level (124.426) acting as support.
I expect to see a potential head and shoulder pattern formed which will also give us an opportunity to short this pair @ 125.376 level, pushing price lower down to 123.000.
Entry level : 125.376 || 125.576
Stop loss @ 125.859
Tp1 : 124.000
Tp2: 123.000
Happy Trading Week.
I expect to see a potential head and shoulder pattern formed which will also give us an opportunity to short this pair @ 125.376 level, pushing price lower down to 123.000.
Entry level : 125.376 || 125.576
Stop loss @ 125.859
Tp1 : 124.000
Tp2: 123.000
Happy Trading Week.
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.